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Topic: How can we encourage local businesses to accept BTC? - page 50. (Read 184968 times)

hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
That's why we need to do something in able to encourage them and put their interest into bitcoin.

LOL, try to supply them items in BTC.
I will see, how You will be able to change the interest from the profit to BTC.
All the bills are in local currency, just no one sell fuel in BTC.
Who will have the currency exchange risks for free?

No, you can't just simply supply them items in bitcoin. You just need to explain to them and prove that bitcoin is real and with that, it's up to them if they are going to get interested with it. We don't have to force them even though you are right their about currency exchange, everyday there is a risk and we can't guarantee it to them to be free.
UDC
member
Activity: 83
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https://UDC.world
Thats not a problem. They pass the payment of these fees to the customers. Ever wonder why the stores give you a discount whenever you pay them in cash? Its not really a discount. Its the real price. You pay more when you use your credit card because it is you who the fees themselves.

don't know where you live but having been on multiple european countries that's not really the case, although many have a minimum purchase amount for paying with cc.
Also if they're giving you a discount when paying with cash its mostly because they're probably not going to register that sale and pay the corresponding tax..

In what European countries do they avoid paying sales tax? Thats Europe, they dont condone such practices. Maybe you are from a third world country where avoiding taxes is rampant because your government is very inefficient in collecting them.

It is a known fact that the consumers themselves pay for the credit card fees. So I dont know what planet you're from.

TIL fraud doesn't exist! Thank you pinkflower for your insight! although i'm suspecting your name is some euphemism related to your level of expertise (or lack thereof) about SME/companies and society in general.
hero member
Activity: 868
Merit: 1000
We can do that by offering them bonus over their profit and making it easier for them to organize their documentation and setting up everything-that would be pretty great
sr. member
Activity: 490
Merit: 252
http://VKcams.com/
why its profitable.

Where is the profit?
In currency risks?
People love the stability.
Who need so unstable currency in business life to deal?
newbie
Activity: 19
Merit: 0
That's why we need to do something in able to encourage them and put their interest into bitcoin.

LOL, try to supply them items in BTC.
I will see, how You will be able to change the interest from the profit to BTC.
All the bills are in local currency, just no one sell fuel in BTC.
Who will have the currency exchange risks for free?

This can be an option but its also not easy to do and it will also need you to invest in them and I think that is not the point of this.
I think that they have to know how its working and why its profitable.
sr. member
Activity: 490
Merit: 252
http://VKcams.com/
That's why we need to do something in able to encourage them and put their interest into bitcoin.

LOL, try to supply them items in BTC.
I will see, how You will be able to change the interest from the profit to BTC.
All the bills are in local currency, just no one sell fuel in BTC.
Who will have the currency exchange risks for free?
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
I guess it does not need to be encouraged. for people using bitcoin, or for those who know to use bitcoin, they will accept it at local businesses they create. using bitcoin emblem in the business they do, will give a signal for bitcoin users to be able to know that local businesses that accept bitcoin

That is true, but the thing is if why a local business would adopt bitcoin if they does not even know that there are any bitcoin users around them to use bitcoin in their services? So a local business would only get encouraged if they see some people using or having bitcoins around them so that they can come to know they will have some basic customers around them.

It is a risk that those business owners will not going to take. Even how good the market of bitcoin worldwide and how its price is being good and stable landing at $800 but if that person is just owning a small store that is just hoping to have some good customers by simply paying him cash will satisfy him. And he won't even bother and waste his time for knowing who are those bitcoin users around him.
Thats not only the reason because most of them doesnt really know about bitcoin and if they knew it then they would probably refuse to accept too because we all know that bitcoins price is too unstable which means they may gain or profit and that depends on the movement of bitcoins price.Its really hard for them to convince actually.

Having not enough knowledge in bitcoin is just a normal thing for those business owners, don't expect that they have knowledge with it already. That's why we need to do something in able to encourage them and put their interest into bitcoin. Maybe fronting that bitcoin is a good investment and can generate good profit will encourage them.
member
Activity: 87
Merit: 10
We can encourage businesses to use it if they know how it work and if they know that you can make big profits by just using it already, some will look into it immediately.
hero member
Activity: 3010
Merit: 794
I guess it does not need to be encouraged. for people using bitcoin, or for those who know to use bitcoin, they will accept it at local businesses they create. using bitcoin emblem in the business they do, will give a signal for bitcoin users to be able to know that local businesses that accept bitcoin

That is true, but the thing is if why a local business would adopt bitcoin if they does not even know that there are any bitcoin users around them to use bitcoin in their services? So a local business would only get encouraged if they see some people using or having bitcoins around them so that they can come to know they will have some basic customers around them.

It is a risk that those business owners will not going to take. Even how good the market of bitcoin worldwide and how its price is being good and stable landing at $800 but if that person is just owning a small store that is just hoping to have some good customers by simply paying him cash will satisfy him. And he won't even bother and waste his time for knowing who are those bitcoin users around him.
Thats not only the reason because most of them doesnt really know about bitcoin and if they knew it then they would probably refuse to accept too because we all know that bitcoins price is too unstable which means they may gain or profit and that depends on the movement of bitcoins price.Its really hard for them to convince actually.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
I guess it does not need to be encouraged. for people using bitcoin, or for those who know to use bitcoin, they will accept it at local businesses they create. using bitcoin emblem in the business they do, will give a signal for bitcoin users to be able to know that local businesses that accept bitcoin

That is true, but the thing is if why a local business would adopt bitcoin if they does not even know that there are any bitcoin users around them to use bitcoin in their services? So a local business would only get encouraged if they see some people using or having bitcoins around them so that they can come to know they will have some basic customers around them.

It is a risk that those business owners will not going to take. Even how good the market of bitcoin worldwide and how its price is being good and stable landing at $800 but if that person is just owning a small store that is just hoping to have some good customers by simply paying him cash will satisfy him. And he won't even bother and waste his time for knowing who are those bitcoin users around him.
sr. member
Activity: 672
Merit: 250
I guess it does not need to be encouraged. for people using bitcoin, or for those who know to use bitcoin, they will accept it at local businesses they create. using bitcoin emblem in the business they do, will give a signal for bitcoin users to be able to know that local businesses that accept bitcoin

That is true, but the thing is if why a local business would adopt bitcoin if they does not even know that there are any bitcoin users around them to use bitcoin in their services? So a local business would only get encouraged if they see some people using or having bitcoins around them so that they can come to know they will have some basic customers around them.
hero member
Activity: 2170
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Reward: 10M Shen (Approx. 5000 BNB) Bounty
I guess it does not need to be encouraged. for people using bitcoin, or for those who know to use bitcoin, they will accept it at local businesses they create. using bitcoin emblem in the business they do, will give a signal for bitcoin users to be able to know that local businesses that accept bitcoin
hero member
Activity: 3080
Merit: 603
-snip-
Although house to house visit and sharing knowledge about bitcoin can truly helps but theres no guarantee at all bitcoin is totally unknown for everybody who's not really unto online world and surely people will think that we are recruiting them to the networking kind of scene where they surely not trusting it, and also i think the best one to market bitcoins is by word of mouth by people who experience it well and teach it to the nearest kin or neighboorhood or even by placing ad on some crowded place and surely by that many people and business establishment will notice of that existince.

The thing is you are doing anything for it to make those people encourage and as long as you did your job on letting them know what bitcoin really is. And there are some people who are truly looking into an effort of someone that wants to help them with this type of financial ways. Even though everything can be search it out with google still, talking personal to them will be an effective way.
hero member
Activity: 798
Merit: 500
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We can speak to them and explain how bitcoins work and what bitcoins can do. There are some people were not familiar with bitcoins they think it's a scam.

It's not going to be easy, you need to be very quick at explaining since businessmen want a quick "short but brief" explanation when they are being told about money, they don't want to hear bullshits and shady things about a thing. I think we need to put it in a power presentation and just leave it to them with some notes in it, for them to read it and decide to themselves. One feature that you could tell them is what OP mentioned, it's one way, once paid, it can't be return unless the receiver decides to. It favor the merchants against those silly customers.
hero member
Activity: 1834
Merit: 759
We can speak to them and explain how bitcoins work and what bitcoins can do. There are some people were not familiar with bitcoins they think it's a scam.
sr. member
Activity: 490
Merit: 252
http://VKcams.com/
That member even do not know that nowadays even 1 confirmation is enough which often take a fraction of a minute.

Do You have around You some supermarket who have realized that?
In place where i live people prefer cash and in some cases they are accepting CC.
hero member
Activity: 798
Merit: 500
Encouraging would really be hard.

Just go to explain the time for confermations, and wait how long they will need for start kicking you in ass from the shop.

I dont what your problem is but if you dont like to encourage the use of bitcoins then rather than posting sh$t in the forum go get a life. Bitcoin is being gradually accepted throughout the world. You can think that one fine day you will wake up to find every user to be a bitcoin adopter.

As gradually people want bitcoin as payment, local markets will be forced to implement it as a payment method is their Point-of-sale (POS). In that way with time the local shops will show bitcoin acceptance.
Actually that member do not have much knowledge about bitcoin and do not know much about other features of bitcoin that is why just thinking about the confirmation time. That member even do not know that nowadays even 1 confirmation is enough which often take a fraction of a minute.
legendary
Activity: 2898
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So anyway, I applied as a merit source :)
Encouraging would really be hard.

Just go to explain the time for confermations, and wait how long they will need for start kicking you in ass from the shop.

I dont what your problem is but if you dont like to encourage the use of bitcoins then rather than posting sh$t in the forum go get a life. Bitcoin is being gradually accepted throughout the world. You can think that one fine day you will wake up to find every user to be a bitcoin adopter.

As gradually people want bitcoin as payment, local markets will be forced to implement it as a payment method is their Point-of-sale (POS). In that way with time the local shops will show bitcoin acceptance.
hero member
Activity: 1764
Merit: 505
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The problem is not all people know about bitcoins, even in my area only 1-2 people know about bitcoin. Before we encourage local businesses to use bitcoin, we need to introduce them first about what and how is bitcoin works. I'm sure they will start using bitcoin if the buyer want using bitcoin as the payment.

That's why op is asking on how we are going to encourage those people and business owners to use bitcoin. And how you are going to introduce it then? My suggestion would be you need to talk to them house to house or collect those people who are interested that has small business and have a meeting with them, so that you can explain and introduce it to them easily.

That suggestion is laughable, honestly. Have you seen Jehovah's witnesses knocking house to house and then get rejected all of the time? A lot of people have made jokes about them. That's how foolish you would look like when you try and talk to people house to house. What are you going to do? Knock at a stranger's house and say, "Hi. Do you know bitcoins? Bitcoin is a decentralized crypto-currency blah blah...." Grin Moreover, people won't just let you in inside their house for some knowledge that they can be well-versed of in just a matter of minutes of searching on google.
That's indeed a joke and stupid way to inform people about bitcoin, only inform those who's really interested and just leave the rest, no enforcement to the people who don't interested and no disturbing them is a must for the sake of informing about bitcoin, otherwise it will be really annoying for them. Today everyone can just find an information through internet with ease and there's no point of wasting time and energy to do such useless thing

So you are seeing it as laughable and stupid? And you are talking about religion and business is different from that Jehovah's witnesses people. You are just thinking about one side and negative because you haven't done it before. Just try to figure out that religion is different from business even you are making that as an example. And you are just going to walk all around from your neighbor, it's just like a casual talk.
Have you tried it, though? Grin Probably not.

I'm not thinking like that because I haven't done it before. I'm thinking what if someone goes knocking around the neighborhood, I thought that I would laugh when I saw someone doing such effort just to introduce bitcoins when he can simply post it on facebook where the message can reach more people. If your message really is persuading, then your post might even get shared by other people.

The difference of religion and business has nothing to do with this. The point is the idea of going house to house just to talk about some topic that can easily be found on the internet is absurd.

I tried it before knocking house to house by selling the product that I am focusing way back then when I was starting my own entrepreneur career. You are just sticking into one situation, you must remember that not all the people in the internet can just instantly know what is bitcoin. Most of them are just surfing around and doesn't really care about bitcoin. House to house is not even a hard task to do, well no one is forcing you to do that.


Although house to house visit and sharing knowledge about bitcoin can truly helps but theres no guarantee at all bitcoin is totally unknown for everybody who's not really unto online world and surely people will think that we are recruiting them to the networking kind of scene where they surely not trusting it, and also i think the best one to market bitcoins is by word of mouth by people who experience it well and teach it to the nearest kin or neighboorhood or even by placing ad on some crowded place and surely by that many people and business establishment will notice of that existince.
hero member
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bitcoin should have faster transaction confirmations and lower fees for many businesses to even consider adopting it. it should give more convenience rather than more hassle to adopters. until that is achieved fiat will still be king.

There is a guarantee that bitcoin can have faster transaction but when we talk about confirmations, the problem is existing there.

And the fees are good to be considered by those local business because they just need to pay the miners fee and they are free of taxing.

I guess that can easily encourage them if they are going to know that bitcoin is free of tax but for sure they will have doubt because they might violate law about taxation.
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